Location: Apache County, AZ | Metro: Apache County, AZ
| Unit Size | Monthly FMR |
|---|---|
| Studio | $900 |
| 1 Bedroom | $980 |
| 2 Bedrooms | $1,290 |
| 3 Bedrooms | $1,780 |
| 4 Bedrooms | $2,150 |
| 5 Bedrooms | $2,494 |
| 6 Bedrooms | $2,793 |
| 7 Bedrooms | $3,016 |
| 8 Bedrooms | $3,167 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 85927 is set at $1,300 for the fiscal year 2026. This figure represents the payment standard for Section 8 rentals, meaning it's the maximum amount that the Housing Choice Voucher program will pay on behalf of eligible tenants. It's important to note that this does not necessarily reflect the total rent you can charge; rather, it sets an upper limit on the portion covered by the voucher.
In ZIP 85927, there is a significant demand for rental properties, with 46.2% of residents being renters. This high percentage indicates a strong market for rental units, including those under the Section 8 program. The average home value in this area is $528,066, which gives you a sense of the acquisition costs if you're looking to purchase a property for your first Section 8 rental.
To put the $1,300 FMR into perspective, consider that it is based on the typical rents for the area. While the exact local median rent is not available, the FMR is designed to be competitive with the private market rates, ensuring that voucher holders have access to a variety of housing options.
If you're considering entering the Section 8 rental market in ZIP 85927, one clear thing to verify before proceeding is whether the property meets all the necessary quality standards as defined by HUD. These include basic safety and habitability requirements that must be met to qualify for the program.
The combination of a high renter share and a well-defined FMR makes ZIP 85927 a viable option for landlords and small-portfolio investors interested in Section 8. With proper preparation and verification of the property's compliance, you can provide affordable housing while maintaining a stable income stream.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.